Healthcare and social services encompass hospital medical care, outpatient care provided by physicians, urgent care, elderly and hospice care, dental work, and social assistance.
As healthcare costs continue to rise and new medical technologies emerge, cost containment is continually a priority for many healthcare organizations. Implementation of electronic health records (EHRs), maximizing budget management, and migrating enterprise processes to cloud-based servers are expected to help control costs through efficiency.
“Engaging ERA is a great way to conduct an external double-check in order to benchmark costs. From management's perspective, it is a really easy way for us to gauge how well we are doing in terms of receiving the best value from our suppliers.”